Bollinger Squeeze 2

Modified on Wed, 17 May 2023 at 12:17 PM

Bollinger Squeeze 2 is a variation of the Bollinger Squeeze indicator.Besides the BollingerBands and the KeltnerChannel in the Bollinger Squeeze 2 the Momentum and Exponential Moving Average indicators are used.

The indicator view in the chart.

The indicator has the following parameters:

Bollinger bands

Period - period of the Bollinger Bands indicator.

Channel width - setting of the Bollinger Bands channel width.

Keltner Channel

Period - period of the KeltnerChannel indicator.

Offset multiplier - set a coefficient, which changes the Keltner channel width.


Period - period of the Momentum indicator.

Exponential moving average - period of the EMA indicator for the Momentum indicator.


Source - setting of the indicator calculation parameters:

  • Open
  • High
  • Low
  • Close
  • Volume

- selection of the indicator location in the chart:

  • New panel
  • Chart


Show value - display of the indicator value on the price scale.

Show zero values - display of zero values.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.


Visual type - visual setting of the indicator display in the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting of the line display style:

  • Dot
  • Solid
  • Dash
  • Dash - dot
  • Dash - dot - dot

Width - setting of the indicator line width.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article